47AA. Summary assessment of returns.

(1) A return, including a revised return,furnished by a registered dealer, other than those mentioned in clause (a) or clause (b)or clause (c) of sub-section (1) or section 116, under section 32, shall be deemed tohave been summarily assessed on the date of submission or such return if –

(a) the dealer has also furnished the return under the Central Sales Tax Act,1956 (74 of 1956), for the return period, if he is required to furnish such areturn under that Act; and

(b) the returns furnished under the Act and the Central Sales Tax Act, 1956,are complete and self-consistent; and

(c) the amount of net tax, interest and late fee has been paid in full accordingto such return or returns; and

(d) no proceeding arising from seizure of accounts or goods under the Act hasbeen initiated in respect of the year to which the said return period relates,or for any period in respect of the preceding two years, by the Bureau ofInvestigation or any other authority having jurisdiction over such dealer.

(2) No assessment shall be made under sub-section (1) of section 46 in respect ofany return summarily assessed under sub-section (1), unless such summaryassessment is revoked under sub-section (3) or is reopened under sub-section (4)

(3) Omitted

(4) A summary assessment under sub-section (1) may be reopened by the Commissioner by an order in writing after granting the registered dealer an opportunity of hearing, within six years from the end or the financial year in respect of which such summary assessment has been made, if he is satisfied that an assessment is required to be made under sub-section (1) of section 46 in the interest of State revenue or for any other reason, and such assessment may be made, notwithstanding anything contained in section 47 or section 49, within the 30th day of June next following one year from the date of reopening of such summary assessment.